Cascading Fallout of CPS 230: What Insurance Professionals Need to Know
Expert analysis on the cascading impacts of CPS 230 on the insurance industry, including ripple effects and compliance challenges.
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Expert analysis on the cascading impacts of CPS 230 on the insurance industry, including ripple effects and compliance challenges.
Smaller agencies may struggle with CPS 230 compliance due to limited resources, but technology can help them stay competitive.
A $100,000 penalty on an unnamed insurer for claims handling failures sparks broker criticism over lack of transparency and accountability.
APRA's CPS 230 takes effect July 2025 with stricter risk, business continuity and compliance requirements. Service providers must also align.
Actionable steps and strategies to help brokers identify, prevent and respond to fraud, including due diligence, warning signs and secure systems.
Significant changes are coming to Australia's insurance industry in 2025, driven by regulatory updates and AI advancements.
Many Australians are unknowingly underinsured due to rising costs and outdated valuations. Tetiana discusses the coverage gap and how to protect yourself.
ASIC found 1 in 6 general insurance complaints go unrecorded. Key findings from twin reports on complaints handling, plus how to address gaps.
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